Sindh Employees Old-Age Benefits Act 2014

CONTENT:

• Preamble.
• Short title, extent, commencement and application.
• Definitions.
• Compulsory Insurance.
• Administration.
• Nomination of a body corporate pending establishment of an Institution
• Management.
• Board of Trustees
• Power and functions of the Board of Trustees.
• Appointment, powers and functions of Chairperson.
• Rates and assessment
• Contribution by Government.
• Contribution by Insured person.
• Record and returns by employers.
• Registration of establishment, etc
• Cancellation of registration of establishment, etc.
• Official of Institution to check employer’s book.
• Increase of unpaid contribution and recovery of contribution etc., as arrears of land revenue.
• Safeguard of insured person’s right in default of payment of contributions by employers.
• Refund of contributions paid erroneously.
• Extinguishment of claims to contributions.
• Employees’ Old-Age Benefits Fund.
• Investment and loans.
• Budget, accounts and audit.
• Annual Report.
• Valuation of assets and liabilities.
• Old- Age pension
• Old age grant.
• Survivors’ pension.
• Invalidity pension
• Calculation of qualifying contribution periods.
• Benefit claims and payments.
• Extinguishment of benefits.
• Suspension of old-age pension and survivor’s pension
• Non-duplication of benefit.
• Benefit not attachable, chargeable or assignable.
• Repayment of benefit improperly received.
• Institution’s right to be indemnified in certain cases.
• Recovery of amounts due.
• Decision on complaints, questions and disputes.
• Review of decisions.
• Appeal to Board.
• Assessment of invalidity.
• Offences.
• Prosecution.’
• Contributions, etc
• Exemption from stamp duty.
• Exemption from taxes.
• Members and servants of the Institution to be public servants.
• Delegation of power.
• Power to make rules
• Power to make regulations.
• Power to exempt.
• Act not to apply to certain persons’
• Protection against discrimination.
• Repeal and savings.